Darling Ingredients Inc. [DAR] shares are up more than 103.74% this year and recently increased 0.03% or $1.68 to settle at $50.68. DAR has a short ratio of 2.82. This implies that the market is currently less bullish on the outlook for DAR.
On 12, November 2020, Darling Ingredients’ Nature Safe Brand Innovates Organic Fertilizer Preventing Millions of Pounds in Landfills. According to news published on Yahoo Finance, The release of Nature Safe’s new organic fertilizer will prevent 39 million pounds per year of organic waste from going to landfills. Brought online in September 2020 after 17-months of development, this fertilizer repurposes the bone chips recovered from Darling’s Wet Pet Food facility located in Ravenna, Nebraska. By increasing the number of sources for nutrition, Darling can add more value to the circular economy, further protect the food chain, and build upon its promise for a better tomorrow with applications for health, nutrients and bioenergy.
Analyst Birdseye View:
The most recent analyst activity for Darling Ingredients Inc. [NYSE:DAR] stock was on October 09, 2020, when it was Initiated with a Buy rating from Tudor Pickering, which also raised its 12-month price target on the stock to $47. On September 29, 2020, Stephens Initiated an Overweight rating and boosted its price target on this stock to $54. On September 28, 2020, Credit Suisse Initiated an Outperform rating and increased its price target to $50. On July 16, 2020, Berenberg Initiated a Buy rating and increased its price target to $33. On March 09, 2020, Goldman Upgrade a Buy rating and boosted its amount target on this stock to $37. On January 15, 2020, JP Morgan Downgrade a Neutral rating and boosted its target amount on this stock to $29.
In the past 52 weeks of trading, this stock has oscillated between a low of $10.25 and a peak of $50.63. Right now, the middling Wall Street analyst 12-month amount mark is $51.00. At the most recent market close, shares of Darling Ingredients Inc. [NYSE:DAR] were valued at $50.68. According to the average price forecast, investors can expect a potential return of -5.53%.
Darling Ingredients Inc. [NYSE:DAR] most recently reported quarterly sales of 843.77 billion, which represented growth of 1.00%. This publicly-traded organization’s revenue is $333,082 per employee, while its income is $30,950 per employee. This company’s Gross Margin is currently 24.90%, its Operating Margin is 19.10%, its Pretax Margin is +11.31, and its Net Margin is +9.29. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 6.11, 12.92, 2.13 and 7.67 respectively.
The Principal structure of this organization shows its whole liability to whole principal at 40.94 and the whole liability to whole assets at 33.28. It shows enduring liability to the whole principal at 37.98 and enduring liability to assets at 0.31 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 48.42 points at 1st support level, the second support level is making up to 47.83. But as of 1st resistance point, this stock is sitting at 50.11 and at 51.21 for 2nd resistance point.
Darling Ingredients Inc. [DAR] reported its earnings at $0.61 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.44/share signifying the difference of 0.17 and 38.60% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.39 calling estimates for $0.29/share with the difference of 0.1 depicting the surprise of 34.50%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Darling Ingredients Inc. [NYSE:DAR] is 1.50. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.11. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.40, it’s amount to book ratio is 1.79 and showing 16.60 of P/E (TTM) ratio.
The most recent insider trade was by Elrod Rick A, EVP – Darling US Rendering Ops, and it was the sale of 19323.0 shares on Nov 25. Vervoort Jos, the EVP – Rousselot, completed a sale of 7636.0 shares on Nov 24. On Nov 23, Vervoort Jos, EVP – Rousselot, completed a sale of 215.0 shares.